JUST SOLD OVER ASKING PRICE: 1 bedroom loft suite at 5 Hanna Ave 715

Fabulous and affordable two-storey loft just sold for over asking price in Liberty Village!   Two stories of windows, two bathrooms, a large balcony and unobstructed north views on a high floor overlooking historic Liberty Village provide enviable features and amenities rarely found in a loft in downtown Toronto.  This one bedroom loft with high-end finishes is the complete package because it also includes an owned parking space and a storage locker.

5 Hanna Ave 715 Kitchen 1

Foyer

The entrance to the loft has a good layout with a space underneath the floating staircase which is excellent for organizing and storing frequently-used items.

5 Hanna Ave 715 Entrance 1

 

Just underneath the staircase there’s a hallway closet.  The itself staircase is upgraded with a beautiful full-height glass railing which enhances the architectural appeal of the suite.

Liberty Market Lofts 715 Entrance 2

Living/Dining Area

The 17-foot-high ceilings of this two-storey loft add a sense of grandeur to the living area.

Liberty Market Lofts 715 Living Room 2

 

On a warm day you can open up the living room to include the additional 60 square foot balcony.  There you’ll find unobstructed northy views overlooking the historic portions of Liberty Village.

5 Hanna Ave 715 Living Room 2

View looking back into the suite from the living room with the second storey bedroom and master bath above.

5 Hanna Lofts 715 Living Room

The dining area adjoins the linear kitchen and quickly and is flooded with light from the two-storeys of floor-to-ceiling windows of the living area.

5 Hanna 715 Kitchen 2

Dining right beside the kitchen makes best use of the space.

5 Hanna 715 Kitchen 3

 

 

Kitchen

The linear kitchen features all built-in appliances.  These include a stainless steel built-in microwave and range hood, a built-in oven and smooth top cook-top.  Included under-cabinet lighting spans the entire width of the countertop making it easier to use the countertop as a well-lit workspace.   Of particular note are the built-in dishwasher and the refrigerator/freezer which all have front panels that match the rest of the wood-grained-look of the cabinetry.  The benefit of the panelled appliances is that they blend into the finishes of the living area and contribute to the visually-harmonized designer-look to the suite.  Subway tile backsplash.

Liberty Market Lofts 715 Kitchen 1

 

Bedroom

The bedroom has a sense of drama as it’s located on the 2nd-storey.  It’s also functional because it keeps your bedroom and bathroom totally separate from your entertaining, cooking and living space on the main floor.  However, because it’s open to below it benefits from the feeling of airiness and light of the two-stories of glass windows.   The bedroom includes an overhead light fixture with a built-in ceiling fan that enhances the air circulation throughout the loft.

5 Hanna Ave 715 Bedroom 1

 

The bedroom has a closet and adjoins the large private ensuite 3 piece master bathroom.   The platform bed frame offers substantial storage and may be included in the sale of the loft if the buyer so desires (to be documented in a separate agreement – contact listing agent for details.)

5 Hanna Ave 715 Bedroom 2

Ensuite Bathroom with Ensuite Laundry

The ensuite 3 piece bath is spacious and one of the nicest features of this loft because of it’s large size and elegant design.  The double shower is encased in a glass shower cabinet.   There ensuite laundry is also contained in this bathroom and includes a washing machine and a clothes dryer.

Liberty Market Lofts 715 Bedroom Ensuite 2

Powder Room

It’s truly rare to have a separate 2 piece powder room in a 1 bedroom suite, but this loft manages to include a wonderful powder room in the layout!  Located just off the entrance foyer this bathroom offers your guests convenience, while allowing you to keep your own bath private.   Beautifully finished and truly luxurious.

5 Hanna Ave 715 Powder Room

Balcony

The balcony serves as an extension of the living room in the warm months and is spacious enough for a full seating arrangement.  It features unobstructed views overlooking the historic buildings of Liberty Village.

5 Hanna 715 balcony

5 Hanna 715 balcony 2

 

5 Hanna Ave north view overlooking Liberty Market building and Liberty Village

 

Liberty Market Lofts north view over Liberty Village

Suite Extras

The suite includes an owned parking space and an owned storage locker.

Suite Upgrades

Upgrades with the Developer (Approximately $20,000):
·       Upgraded hardwood floors
·       Hardwood floors in the bedroom instead of carpet
·       Cabinets in the kitchen and bathrooms
·       Kitchen backsplash
·       Glass railing
·       Wall tile in the powder room to match upstairs washroom
·       Tile in the laundry room to match tile in washroom
·       Shower
·       Showerhead (with handheld)
Personal upgrades:
·       Light fixtures on the main floor
·       Ceiling fan/light fixture in the bedroom
·       Professionally-installed Hunter Douglas roller blinds
·       Professional paint of entire suite (including doors and frames)

Floor Plan

Size:  Approximately 545 square feet plus 60 square foot balcony.

5 Hanna Ave 715 floor plan

Common Area Amenities

Half Basketball Court

5 Hanna Ave Basketball Court 1

 

Yoga Studio

5 Hanna Amenities Yoga Studio 2

 

Dog Washing and Grooming Station

5 Hanna Ave Dog Wash Station

 

 

Liberty Market Lofts Building Description

The Liberty Market Lofts at 5 Hanna is a boutique live/work building situated in the centre of Liberty Village immediately beside all the shops and services of the historic Liberty Market building.   During the summer and fall, residents of the Liberty Market Lofts enjoy their location right across the street from the Liberty Village Farmer’s Market.  Most of the suites are two-storey lofts with approximately 17 foot-high ceilings.     Built by the renowned developers of Lifetime and Blvd Developments, a team responsible for such buildings and new Four Seasons Residences in Yorkville, Victory Condos and Bisha Condos and Hotel among many others.  It was designed by the Rudy Wallman Architects who are known for their sensitive designs that not only make a statement but relate the buildings to their surroundings.   The architect and developer have included a comprehensive set of building amenities to take into the specific needs of demographics such as live/work owners, artists and pet lovers.  For example, here are highlights of building amenities: a  Business Centre that includes multiple meeting rooms; an art gallery and display area on the main floor; a dog washing and grooming facility; an indoor basketball half-court; a fitness studio with a yoga/stretch room; a laundry lounge with oversize load machines; a tool/utility room; a designer-decorated hotel-style guest suite; Outdoor space is included with a landscaped courtyard with seating areas, and most of the individual loft suites have oversized balconies and terraces.

Exterior View of Condo Building

Liberty Market Lofts front

Asking Price:  $339,000

 

Monthly Maintenance Fees:  $360.19

 

Annual Property Tax (Approximate for 2014): $2136.28